Beat the market by using Psychological Analysis for investing and trading under any conditions Conventional wisdom tells us that people are rational and make rational decisions with their money. But that’s simply not true considering most people fail to beat the market. Conventional wisdom also tells us that there are two primary ways to approach the technical and fundamental analysis. Again, that is not true because if it were―everyone would be rich. Think about it, how many times have you seen stocks with poor fundamentals go up , or stocks with great technicals go down ? It’s obvious that something is missing. Author Adam Sarhan, Founder and CEO of 50 Park Investments, developed a new approach, titled, Psychological Analysis (PA). Coined by the author, the term teaches you how to make rational, not emotional, decisions with your money and shows you how to analyze both the individual and collective market mindset at a particular time based on the behavior and decision-making of people in the real-world. Psychological Analysis is designed to tip the odds of success in your favor. After studying every major economic and market cycle going back to the 3rd century, the author explains that human nature is the one constant and tells you what actually drives markets. Psychological Analysis is responsible for major and minor market moves today, tomorrow, and all throughout history. Adam shows you that there are more factors that influence price than just fundamental or technical analysis and how to bring out the smart money superhero inside you. This invaluable guide helps Psychological How to Outsmart the Market One Trade at a Time is a must-have resource for traders, investors, finance professionals, and anyone who wants to profit regardless of market conditions.
This book is for beginners and if you are one, please consider this a 4-star book. I rated this low for two reasons: 1. I expected this book to be more "psychological" in nature. I started reading the book thinking it would uncover psychological underpinnings of investment, but it turned out to be a book on investment with a self-help theme of controlling one's own emotion while making investment or trading decisions. In itself, that's important, but that's not "psychology" in my view. 2. Nevertheless, I continued reading and, to be honest, didn't find anything new that was said because I heard it or practiced it before.